Sayona Mining Ltd: High-Grade Lithium Intersections Extend Mineralisation Zone

Brisbane - Sayona Mining Ltd. (ASX:SYA) (OTCMKTS:DMNXF) ("Sayona" or the "Company") is pleased to announce the assay results from a further 5 diamond drill holes at the Authier lithium project, Quebec.

Highlights

- High-grade spodumene mineralisation intersected at shallow and deep levels, including:

-- 40 metres at 1.27% Li20 from a depth of 4 metres

-- 50 metres at 1.13 % Li2O from a depth of 156 metres

- New drilling expands high-grade zones of spodumene mineralisation

- Drilling program is demonstrating the potential to expand the size of the JORC Resource

Diamond drill holes 3 to 7 have intercepted high-grade spodumene mineralisation, including:

- Hole 3 - 27 metres at 1.46 % Li2O from a downhole depth of 170 metres (vertical depth of 135 metres), and includes 11 metres at 1.66 % Li2O from a downhole depth of 181 metres as well as a deeper and separated mineralised zone of 10 metres at 1.24 % Li2O from a downhole depth of 213 metres;

- Hole 4 - 50 metres at 1.13 % Li2O from a downhole depth of 156 metres (vertical depth of 120 metres), and includes 11 metres at 1.40 % Li2O from a downhole depth of 157 metres; and

- Hole 7 - 40.2 metres at 1.27 % Li2O from a downhole depth of 3.8 metres including, 20 metres at 1.47 % Li2O from a downhole depth of 13 metres.

The aim of the drilling program is to increase the size of the resource and improve the confidence level of the JORC resource categories. Three out of five new drill holes reported (holes 3, 4 and 5) successfully tested the deep extensions of mineralisation at the main Authier pegmatite.

Holes 6 and 7 holes were planned to test the geometry of the Authier pegmatite at shallow levels in the eastern and central part in order to upgrade the resource category from indicated to measured. Holes 6 and 7 has returned better grades and thicknesses compared to surrounding historical drill holes.

The phase 1 program is now completed and comprised 3,960 metres of drilling in 18 diamond holes The Company believes the new drilling has the potential to expand the size of the existing JORC Resource, and mineralisation remains open in all directions.

Phase 1 Diamond Drilling Program

The Company has completed the phase 1 diamond drilling program at Authier including 18 holes for 3,967 metres with the objectives, including:

- Converting the inferred mineral resources to measured and indicated through further drilling;

- Exploring for extensions to the existing mineral resources and other potential mineralisation within the tenement package;

- Collecting geotechnical data for incorporation in the Authier Feasibility Studies; and

- Collecting additional drill core for any additional metallurgical testing that may be required to complete a Definitive Feasibility study, planned for 2017.

Five new drill holes after the first two diamond drill holes reported in SYA NR (see Table 1 in the link below) have intersected high-grade spodumene mineralisation, including:

- Hole AL-16-003, 125 metres step-back of hole AL-12-020, intercepted 27 metres at 1.46 % Li2O from a downhole depth of 170 metres (vertical depth of 135 metres) including 11 metres at 1.66 % Li2O from a downhole depth of 181 metres as well as a second deeper mineralised interval of 10 metres at 1.24 % LI2O from downhole depth of 213 metres (see Figure 3 in the link below);

- Hole AL-16-004, 180 metres step-back of hole AL-16-002 (see SYA NR) , intercepted 50 metres at 1.13 % Li2O from a downhole depth of 156 metres (vertical depth of 120 metres) including 11 metres at 1.40 % Li2O from a downhole depth of 157 metres (see Figure 2 in the link below); and

- Hole AL-16-007, intercepted 40.2 metres at 1.27 % Li2O from a downhole depth of 3.8 metres including, 20 metres at 1.47 % Li2O from a downhole depth of 13 metres (see Figure 4 in the link below)

The lithium mineralisation at Authier project is related to multiple pulses of spodumene bearing quartz-feldspar pegmatite. Higher lithium grades are related with high concentrations of mid to coarse spodumene crystals (up to 4 cm long axis) in a mid to coarse grained pegmatite facies.

The first two drill holes were planned to test the geometry of the Authier pegmatite at shallow levels in the eastern sector and upgrade the resource category from indicated to measured.

More than 3,960 metres of drilling has been completed in eighteen diamond holes. Drill core is being progressively logged and sent to the laboratory for lithium analysis.

To view the release, please visit:
http://abnnewswire.net/lnk/7G1Z37GS


About Sayona Mining Ltd:

Sayona Mining Ltd. (ASX:SYA) is a company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors. Please visit us as at www.sayonamining.com.au



Contact:

Sayona Mining Ltd.
Corey Nolan Chief Executive Officer
Phone: +61-7-3369-7058
Email: info@sayonamining.com.au
www.sayonamining.com.au